Titan Machinery Meets Earnings Estimates in Q3, Lowers FY25 View
Titan Machinery(TITN) ZACKS·2024-11-28 00:51
Titan Machinery Inc. (TITN) reported earnings per share (EPS) of 7 cents in third-quarter fiscal 2025 (ended Oct. 31, 2024), meeting the Zacks Consensus Estimate. The bottom line declined 95% from EPS of $1.32 in the year-ago quarter.Total revenues in the reported quarter were $680 million, down 2.1% from the year-ago quarter’s $694 million. The top line, however, surpassed the consensus mark of $669 million.Equipment revenues fell 5.1% year over year to $495 million, while parts revenues rose 5.3% to $121 ...